About Database as a Service (DBaaS) Provider
The process of paying an outside provider to establish and manage a cloud database for storage, rather than having the application owners control the database themselves, is known as database as a service (DBaaS). Payments are made on a per-use basis, and app owners have complete control over their data. These databases have the same capabilities as a traditional relational or non-relational database. Companies who want to avoid the work of configuring, maintaining, and upgrading their own databases can benefit from DBaaS. Software as a service (SaaS) encompasses DBaaS, which is similar to platform as a service (PaaS) and infrastructure as a service (IaaS), in which all products are hosted as a service. Relational database tools, NoSQL database tools, graph database tools, and other forms of databases are available. Free database software is also an alternative for developers on a budget.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Database as a Service (DBaaS) Provider market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Google (United States), Microsoft (United States), MariaDB (United States), Neo4j (California), AWS (United States), MongoDB (United States), DataStax (United States), EnterpriseDB (United States), MemSQL (United States), Tencent (United States), RDX (United Kingdom), Alibaba Cloud (China), CenturyLink (United States), SAP (Germany), Oracle (United States) and IBM (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TigerGraph (United States), Redis Labs (United States) and Teradata (United States).
Segmentation Overview
AMA Research has segmented the market of Global Database as a Service (DBaaS) Provider market by Type (SQL and NoSQL) and Region.
On the basis of geography, the market of Database as a Service (DBaaS) Provider has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Database as a Service (DBaaS) Provider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Product innovation according to customer needs
Market Growth Drivers:
Growing need for self-driving cloud databases
Challenges:
Lack of availability of skilled labors
Restraints:
Availability of alternative technologies
Opportunities:
Increase in production of database
Market Leaders and their expansionary development strategies
In October 2023, Google Cloud announced the acquisition of Compose, a provider of fully managed Cloud SQL databases. This acquisition will strengthen Google Cloud's database offerings and make it easier for customers to deploy and manage their databases in the cloud.
In September 2023, Microsoft Azure announced the launch of Azure Cosmos DB for PostgreSQL, a fully managed NoSQL database service that is compatible with PostgreSQL. This new service will make it easier for customers to deploy and manage PostgreSQL databases on Azure.
Key Target Audience
Developer, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.